300 Ultimo Avenue
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 30, 2018 | No longer available | - | |
| No longer available | |||
| Sep 27, 2018 | Sold | ||
| Sold | |||
| Jul 16, 2018 | Listed | $1,249,000 | |
| Listed | |||
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The Hamptons comes to Bayshore! Lavishly appointed remodeled home! Gorgeous travertine flooring in the entry, dining room & Kitchen. Elegant engineered wood flooring in the living room, family room, bedrooms staircase and hallway! The living room features a beautiful mill-work ceiling, custom built-ins, crown moldings & baseboards. Arched doorway leads to a private outdoor living area w/ a fireplace. Extensive Arizona flagstone hardscape surrounds landscape & home. Gorgeous dining room w/ an elegant chandelier & built in walnut buffet with exotic granite counter and wine fridge. The amazing kitchen features custom cherry stained walnut cabinetry with pull out drawers & exotic granite counters. All professional level stainless appliances. Sliding doors open to an enchanting private patio w/ a built-in BBQ and fountain. A perfect outdoor entertaining area. The family room which is open to the kitchen features custom built-ins and a fireplace with custom mantel. Surround sound through out the first level including the outdoor living areas. Exquisite wainscoting & crown moldings frame the staircase & upstairs hallway. The master suite is spectacular! Custom mill-work, crown moldings, a private patio, a walk-in closet, elegant bath with travertine flooring, surrounds & counters, also a spa tub, separate stall shower. two fabulous customized guest bedrooms with a full Jack & Jill bath. Wonderful window treatments throughout! Upstairs laundry. Tons of storage. Absolutely beautiful! The manager has listed the unit size as 2601 square feet.
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| Jun 29, 2018 | Listed by Re/Max R. E. Specialists | $1,249,000 | |
| Listed by Re/Max R. E. Specialists | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017